Growth in Revenue of 14% — FDG Impressing Financial Report

The content of the article
27 april 2022
Author: James Burton
Source: www.yogonet.com
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FDJ, a French national gaming operator (lottery), is encouraged by significant revenue growth of 14% in Q1.

FDJ reports «substantial progress» at sales points for the first quarter of 2022, with stakes raised by 12%, owing to the group's marketing strategies and a back to full for the industry. Furthermore, the operator affirms «a strong basis of online stakes,» accounting for 11.4 per cent of total bets.

FDG lottery revenue: growth of 14%

Recently, La Française des Jeux has been awarded Moody’s ESG Solutions A1+ Sustainability Rating.

Statistics and Commentaries

Stéphane Pallez, Chairwoman and CEO of La Française des Jeux, posted that the beginning of the year saw a significant rise throughout all business and distribution lines:

  • Betting income increased to 138.2 million.
  • Revenue has grown across the board for the business, with lottery earnings to $ 500.2 million.
  • Point-of-sale stakes have increased to $ 4.8 billion.
  • Online holdings have grown to $ 616 million.

FGD commented that the strong start to the year underscores the group's attainment of its 2022 objectives for business and margin enhancement.

Moody's ESG Solutions, a supplier of environmental, social, and governance analyses, placed FDJ 15th out of roughly 5,000 firms globally. The French company ranked top in the hotels, recreation, and services area, including 45 multinational enterprises, including casino operators.

Source: www.yogonet.com
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